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Watts Watt

08/03/19 11:46 AM

#176670 RE: PatentGuy1 #176668

Where does Li believe his own personal investment money will be most secure? In a bank

In Dong Guan?
In Hong Kong?
Or in the USA?

The answer to that question will determine where the flow of profits will go.

The Good News is that Li took no salary as CEO of LQMT.
The Bad News is that he didn't earn it either.
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iateclube

08/03/19 12:05 PM

#176671 RE: PatentGuy1 #176668

Good post.
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The Paraclete

08/03/19 12:14 PM

#176673 RE: PatentGuy1 #176668

It's true that Li is in the position of negotiating with himself, so in a way it might boil down to just how honorable "Yangde" Li is. Still, there are advantages to both Li and his Asian companies to work through, or with, a US company.- Or do you think that value is insignificant?

Rather than screwing one company to benefit the other, royalty and/or manufacturing contracts can be structured so that they are a win-win situation for both companies.

Why was the PLA drawn up and signed in the first place? Was it just a ruse to lull the shareholders of LQMT? That makes little sense to me. After all, if it just comes down to Li negotiating with himself, there would be no need for the PLA... or any other formal agreement between Eontec and LQMT. - Or do you see things differently?

All I know is that we are just stirring empty tea cups... desperately trying to construct plausible scenarios for the future of LQMT (and hence the future value of our stock) by dissecting words and phrases contained in a poorly understood document. And by poorly understood, I refer to the reasons and intentions behind those words and phrases. After all, when it comes right down to it, a contract is only as good as the parties who sign it.